Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-24

UDR, Inc. (UDR)

CEO Thomas Toomey was paid $9,933,438 in fiscal year 2025, ↓ down 2.4% from fiscal year 2024, the 40th percentile of its disclosed peer group (SEC filing 0000074208-26-000037 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$9,933,438 ↓
Thomas Toomey total, FY2025
40th
CEO pay percentile vs peers
115:1
CEO-to-median pay ratio
68.67%
Say-on-pay support, latest vote

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UDR's next annual pay disclosure, estimated April 8, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Thomas Toomey$900,000$0$9,010,120$0$0$0$23,318$9,933,438
Chairman, President and Chief Executive Officer
Joseph Fisher402,74003,159,5380006,018,1329,580,410
Former President, Chief Financial Officer, and Chief Investment Officer
David Bragg220,548280,7022,981,4300330,8220301,5494,115,051
Senior Vice President – Chief Financial Officer
Michael Lacy550,00002,016,6900315,000028,1232,909,813
Senior Vice President – Chief Operating Officer
Keith Benson357,5340928,0470357,5340237,3931,880,508
Senior Vice President – Chief Legal Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Thomas Toomey$9,933,438$10,178,473$11,755,015↓ −245,035
Joseph Fisher9,580,4104,306,2464,855,745↑ +5,274,164
David Bragg4,115,051———
Michael Lacy2,909,8132,812,5252,765,854↑ +97,288
Keith Benson1,880,508———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$9,933,438 Thomas Toomey total, FY2025

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Data as of July 24, 2026 · Source: 0000074208-26-000037 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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Companies that benchmark against UDR
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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Clint D. McDonnoughFormer director (through FY2025)$263,394
Diane M. MorefieldIndependent Director$278,394
Ellen M. GoitiaIndependent Director—
James D. KlingbeilFormer director (through FY2025)$332,986
Jon A. GroveLead Independent Director$310,073
Katherine A. CattanachIndependent Director$299,305
Kevin C. NickelberryIndependent Director$256,743
Mark R. PattersonIndependent Director$263,394
Mary Ann KingIndependent Director$256,743
Richard B. ClarkFormer director (through FY2025)$61,372
Robert A. McNamaraIndependent Director$302,991
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Thomas W. ToomeyDirector2026-06-05D80,000$39$3,140,008CommonForm 4 ↗
David BraggSVP - Chief Financial Officer2026-07-23D2,1343984,250CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Michael LacyPSU2025-01-0216,45932,918—65,836$1,372,092
Keith BensonPSU2025-04-1411,03222,064—44,128928,047
David BraggPSU2025-07-2312,19224,384—48,7681,005,595
Joseph FisherPSU2025-01-0214,10828,215—56,4301,052,386
Thomas ToomeyPSU2025-01-0282,294164,588—329,1767,039,306
Michael LacyPSU2025-01-028,64117,282—34,564644,598
David BraggRSU2025-07-23——48,768—1,975,836
Thomas ToomeyPSU2025-01-0224,68849,376—98,7521,970,814
Joseph FisherPSU2025-01-0225,27750,553—101,1062,107,152
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Michael Lacy$0$2,016,690$0100.0%
Keith Benson0928,0470100.0%
David Bragg1,975,8361,005,595033.7%
Joseph Fisher03,159,5380100.0%
Thomas Toomey09,010,1200100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Thomas ToomeyPSU12,891—$472,842
Michael LacyPSU11,836—434,144
Thomas ToomeyPSU52,823—1,937,548
Thomas ToomeyPSU152,123—5,579,872
Thomas ToomeyPSU25,783—945,720
Michael LacyPSU27,164—996,376
Michael LacyPSU15,526—569,494
Michael LacyPSU11,650—427,322
David BraggPSU9,811—359,867
David BraggPSU2,468—90,526
Thomas ToomeyRSU24,384—894,405
David BraggPSU7,516—275,687
Thomas ToomeyPSU29,588—1,085,288
Michael LacyPSU15,521—569,310
Keith BensonPSU7,898—289,699
David BraggPSU4,319—158,421
Thomas ToomeyRSU56,999—2,090,723
David BraggPSU5,605—205,591
Thomas ToomeyPSU65,194—2,391,316
Keith BensonPSU6,771—248,360
Thomas ToomeyPSU86,928—3,188,519
Michael LacyPSU15,781—578,847
Keith BensonPSU4,514—165,574
David BraggPSU3,702—135,789
Keith BensonPSU3,386—124,198
Michael LacyPSU11,641—426,992
Thomas ToomeyPSU30,081—1,103,371
David BraggPSU4,207—154,313
Thomas ToomeyPSU39,453—1,447,136
David BraggPSU1,851—67,895
Thomas ToomeyPSU69,040—2,532,387
Thomas ToomeyPSU17,189—630,493
Michael LacyRSU10,178—373,329
David BraggRSU24,384—894,405
Michael LacyPSU27,615—1,012,918
Michael LacyPSU27,175—996,779
David BraggPSU36,977—1,356,316
Michael LacyPSU21,128—774,975
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program has four principal goals: Attract, retain, and motivate effective executive officers; Align the interests of our executive officers with the interests of the Company, our shareholders, our associates and our residents; Incentivize our executive officers based on clearly defined performance goals and measures of successful achievement; Balance market competitive compensation with our long-term and short-term performance

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFPL Associates
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-21213,004,89197,164,665338,30368.67%Passed
20252025-05-15284,177,17020,132,812562,19493.38%Passed
20242024-05-23247,924,00556,114,718289,17981.54%Passed
20232023-06-01264,011,74343,380,665463,96985.89%Passed
20222022-05-19233,623,68452,949,117353,71981.52%Passed
20212021-05-27236,202,29237,970,085302,62086.15%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2168.67%a
20252025-05-1593.38%b
20242024-05-2381.54%c

a. Approved under the standard stated in the filing — “1, 2, and 3, abstentions will not be counted as votes cast and will have no effect on the results of the vote with respect to such proposals.”.

b. Approved under the standard stated in the filing — “1, 2, and 3, abstentions will not be counted as votes cast and will have no effect on the results of the vote with respect to such proposals.”.

c. Approved under the standard stated in the filing — “1, 2, and 3, abstentions will not be counted as votes cast and will have no effect on the results of the vote with respect to such proposals.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)115 : 1
CEO total compensation$9,933,438
Median employee compensation$86,140
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
James D. KlingbeilIndependent · Not standing for re-election · Departed during FY$120,000$199,038$0$0$13,948$332,986
Jon A. GroveIndependent · Lead Independent Director · Executive (Chair) · Compensation109,230199,755001,088310,073
Robert A. McNamaraIndependent · Compensation (Chair) · Nominating and Governance95,000200,019007,972302,991
Katherine A. CattanachIndependent · Nominating and Governance (Chair) · Audit and Risk Management · Not standing for re-election95,00092,516107,50404,285299,305
Diane M. MorefieldIndependent · Audit and Risk Management (Chair) · Nominating and Governance · Not standing for re-election95,000175,422007,972278,394
Clint D. McDonnoughIndependent · Departed during FY80,000175,422007,972263,394
Mark R. PattersonIndependent · Compensation80,000175,422007,972263,394
Mary Ann KingIndependent · Compensation · Nominating and Governance80,000165,5830011,160256,743
Kevin C. NickelberryIndependent · Audit and Risk Management · Nominating and Governance80,000165,5830011,160256,743
Richard B. ClarkIndependent · Audit and Risk Management · Nominating and Governance · Departed during FY · Partial-year service19,04941,5160080761,372
Thomas W. ToomeyEmployee director · Board Chair · Executive000000
Ellen M. GoitiaIndependent · Audit and Risk Management · Nominating and Governance · Partial-year service · Newly elected000000
09

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$200,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)—
Stock ownership guideline5x annual cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$853,279
Equity awards (grant-date value)$1,590,276
All other compensation$74,336
Total cost of the board$2,517,891

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies UDR, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including UDR, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1BXP, Inc.2025Owen Thomas$950,000$19,317,943$0$2,758,900$23,047,305
2Host Hotels & Resorts, Inc.2025James Risoleo1,100,0009,569,88003,697,10014,835,223
3Extra Space Storage2025Joseph Margolis940,00011,138,71501,616,21314,186,887
4Invitation Homes Inc.2025Dallas Tanner1,000,00010,965,04602,108,00014,096,335
5Equity Residential2025Mark Parrell900,0008,023,6681,498,7412,317,61312,759,187
6Kimco Realty Corporation2025Conor Flynn1,000,0007,080,40103,398,40011,581,750
7Regency Centers Corporation2025Lisa Palmer1,050,0007,099,09802,925,00011,092,432
8Essex Property Trust, Inc.2025Angela Kleiman944,5204,733,25404,362,21010,096,804
9Healthpeak Properties, Inc.2025Scott Brinker825,0007,208,68801,986,15610,072,994
10UDR, Inc.2025Thomas Toomey900,0009,010,120009,933,438
11Sun Communities, Inc.2025Charles Young218,7257,921,66101,725,0009,865,401
12AvalonBay Communities Inc.2025Benjamin Schall1,000,0006,319,735482,3651,815,5409,663,500
13CubeSmart2025Christopher Marr920,0003,679,9651,839,9972,523,6579,177,452
14American Homes 4 Rent2025Bryan Smith850,0005,114,70001,556,3717,535,178
15Mid-America Apartment Communities, Inc.2025A. Bradley Hill712,0193,412,409—1,183,9005,453,480
16Camden Property Trust2025Alexander Jessett646,5963,010,54801,491,0315,151,175

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
UDR, Inc.not disclosedPSU 100Yes — Relative cumulative TSR versus apartment peersFPL Associates
American Homes 4 Rent104.6%PSU 60 · RSU 40Yes — Relative TSRSemler Brossy
AvalonBay Communities Inc.104.8%PSU 100NoFerguson Partners Consulting L.P.
BXP, Inc.117.4%PSU 55 · RSU 45Yes — Relative TSR with aTSR ModifierFW Cook
Camden Property Trustnot disclosedPSU 100Yes — Total Shareholder Return (TSR)CBIZ Talent and Compensation Solutions
CubeSmart157%PSU 33 · RSU 33 · Options 33NoFerguson Partners
Equity Residentialnot disclosedLTI Awards 100not disclosedFerguson Partners Consulting
Essex Property Trust, Inc.153%PRSU 85 · RSU 15Yes — Relative TSR to Nareit Apartment IndexMercer LLC
Extra Space Storage98.25%PSU 75 · RSU 25Yes — Relative TSRMeridian
Healthpeak Properties, Inc.127%PSU 60 · RSU 40Yes — 3-Year Relative TSR PerformanceFerguson Partners Consulting
Host Hotels & Resorts, Inc.not disclosedPSU 60 · RSU 40Yes — Relative TSRPay Governance
Invitation Homes Inc.105.4%PSU 75 · RSU 25Yes — TSR Relative to RMS Index CAGRFerguson Partners Consulting
Kimco Realty Corporation189%PSU 67 · RSU 33Yes — Total Stockholder Return (TSR)Pay Governance LLC
Mid-America Apartment Communities, Inc.not disclosedPSU 80 · RSU 20Yes — Compounded Annualized Three-Year Relative Total Shareholder Return (TSR)Pearl Meyer
Regency Centers Corporationnot disclosedPSU 80 · RSU 20Yes — Relative Total Shareholder Return (TSR)Semler Brossy
Sun Communities, Inc.not disclosedPSU 60 · RSU 40Yes — Relative TSR vs. MSCI US REIT IndexFerguson Partners Consulting, LP

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at UDR, Inc. in fiscal 2025?
As disclosed, Thomas Toomey (Chairman, President and Chief Executive Officer) was the highest-paid executive at UDR, Inc. in fiscal 2025, with total compensation of $9,933,438.
How does UDR, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Thomas Toomey's total compensation ranked at the 40th percentile of UDR, Inc.'s disclosed peer group.
What is UDR, Inc.'s CEO-to-median employee pay ratio?
As disclosed, UDR, Inc.'s CEO-to-median employee pay ratio was 115:1.
How did shareholders vote on UDR, Inc.'s executive compensation?
As disclosed, 68.67% of shareholders supported UDR, Inc.'s executive compensation in the latest say-on-pay vote.
How much does UDR, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, UDR, Inc. reported total board compensation of $2,517,891 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Thomas ToomeyDEF 14A2026-04-020000074208-26-000037Section “Summary Compensation Table”. As printed: 9,933,438. Filing ↗machine: t322 · r11 · c18 · span 3007170–3007179
2Section 01, Joseph FisherDEF 14A2026-04-020000074208-26-000037Section “Summary Compensation Table”. As printed: 9,580,410. Filing ↗machine: t322 · r21 · c18 · span 3073727–3073736
3Section 01, David BraggDEF 14A2026-04-020000074208-26-000037Section “Summary Compensation Table”. As printed: 4,115,051. Filing ↗machine: t322 · r14 · c18 · span 3026829–3026838
4Section 01, Michael LacyDEF 14A2026-04-020000074208-26-000037Section “Summary Compensation Table”. As printed: 2,909,813. Filing ↗machine: t322 · r16 · c18 · span 3040453–3040462
5Section 01, Keith BensonDEF 14A2026-04-020000074208-26-000037Section “Summary Compensation Table”. As printed: 1,880,508. Filing ↗machine: t322 · r19 · c18 · span 3060184–3060193
6Section 03, Michael Lacy PSUDEF 14A2026-04-020000074208-26-000037Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t331 · r17 · c25 · span 3261183–3261192
7Section 03, Keith Benson PSUDEF 14A2026-04-020000074208-26-000037Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t331 · r19 · c25 · span 3278393–3278400
8Section 03, David Bragg PSUDEF 14A2026-04-020000074208-26-000037Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t331 · r14 · c25 · span 3235233–3235242
9Section 03, Joseph Fisher PSUDEF 14A2026-04-020000074208-26-000037Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t331 · r20 · c25 · span 3286814–3286823
10Section 03, Thomas Toomey PSUDEF 14A2026-04-020000074208-26-000037Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t331 · r12 · c25 · span 3218154–3218163
11Section 03, Michael Lacy PSUDEF 14A2026-04-020000074208-26-000037Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t331 · r16 · c25 · span 3252579–3252586
12Section 03, David Bragg RSUDEF 14A2026-04-020000074208-26-000037Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t331 · r14 · c16 · span 3232214–3232220
13Section 03, Thomas Toomey PSUDEF 14A2026-04-020000074208-26-000037Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t331 · r11 · c25 · span 3209364–3209373
14Section 03, Joseph Fisher PSUDEF 14A2026-04-020000074208-26-000037Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t331 · r21 · c25 · span 3295421–3295430
15Section 07, pay ratioDEF 14A2026-04-02—Section “CEO Pay Ratio”. As printed: 115 : 1. Filing ↗machine: span 4071359–4071367
16Section 08, James D. KlingbeilDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 332,986. Filing ↗machine: t173 · r12 · c14 · span 1748508–1748515
17Section 08, Jon A. GroveDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 310,073. Filing ↗machine: t173 · r10 · c14 · span 1739313–1739320
18Section 08, Robert A. McNamaraDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 302,991. Filing ↗machine: t173 · r14 · c14 · span 1757605–1757612
19Section 08, Katherine A. CattanachDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 299,305. Filing ↗machine: t173 · r8 · c14 · span 1729700–1729707
20Section 08, Diane M. MorefieldDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 278,394. Filing ↗machine: t173 · r15 · c14 · span 1762071–1762078
21Section 08, Clint D. McDonnoughDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 263,394. Filing ↗machine: t173 · r13 · c14 · span 1753139–1753146
22Section 08, Mark R. PattersonDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 263,394. Filing ↗machine: t173 · r17 · c14 · span 1771103–1771110
23Section 08, Mary Ann KingDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 256,743. Filing ↗machine: t173 · r11 · c14 · span 1743873–1743880
24Section 08, Kevin C. NickelberryDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 256,743. Filing ↗machine: t173 · r16 · c14 · span 1766638–1766645
25Section 08, Richard B. ClarkDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 61,372. Filing ↗machine: t173 · r9 · c14 · span 1734755–1734761
26Section 08, Thomas W. ToomeyDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 0. Filing ↗
27Section 08, Ellen M. GoitiaDEF 14A2026-04-020000074208-26-000037Section “Director Compensation”. As printed: 0. Filing ↗
28Section 02, Thomas W. Toomey 2026-06-05Form 42026-06-080001195697-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, David Bragg 2026-07-23Form 42026-07-240002074905-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
30Section 06, 2026 voteForm 8-K2026-05-270000074208-26-000060Item 5.07 · say-on-pay result. As reported: 68.67% (votes for as printed: 213,004,891). Filing ↗
31Section 06, 2025 voteForm 8-K2025-05-200000074208-25-000042Item 5.07 · say-on-pay result. As reported: 93.38% (votes for as printed: 284,177,170). Filing ↗
32Section 06, 2024 voteForm 8-K2024-05-280000074208-24-000050Item 5.07 · say-on-pay result. As reported: 81.54% (votes for as printed: 247,924,005). Filing ↗
33Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
34Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
35Section 09b board cost (computed)Computed——Cash 853,279 + equity 1,590,276 + all other 74,336 = 2,517,891, summed across the director compensation table rows.machine: formula: Σ = 2,517,891
36BXP, Inc., Section 10b CEO totalDEF 14A2026-04-100001037540-26-000010CEO total compensation as printed in BXP, Inc.'s own proxy. As printed: 23,047,305. Filing ↗machine: span 1785714–1785724
37Host Hotels & Resorts, Inc., Section 10b CEO totalDEF 14A2026-04-080001070750-26-000062CEO total compensation as printed in Host Hotels & Resorts, Inc.'s own proxy. As printed: 14,835,223. Filing ↗machine: r6 · c10 · span 2451418–2451428
38Extra Space Storage, Section 10b CEO totalDEF 14A2026-04-010001289490-26-000027CEO total compensation as printed in Extra Space Storage's own proxy. As printed: 14,186,887. Filing ↗machine: r2 · c21 · span 521873–521883
39Invitation Homes Inc., Section 10b CEO totalDEF 14A2026-03-260001193125-26-126310CEO total compensation as printed in Invitation Homes Inc.'s own proxy. As printed: 14,096,335. Filing ↗machine: t266 · r3 · c39 · span 1039962–1039973
40Equity Residential, Section 10b CEO totalDEF 14A2026-04-140001193125-26-155007CEO total compensation as printed in Equity Residential's own proxy. As printed: 12,759,187. Filing ↗machine: r5 · c25 · span 1751089–1751100
41Kimco Realty Corporation, Section 10b CEO totalDEF 14A2026-04-080001206774-26-000197CEO total compensation as printed in Kimco Realty Corporation's own proxy. As printed: 11,581,750. Filing ↗machine: t133 · r4 · c7 · span 542175–542185
42Regency Centers Corporation, Section 10b CEO totalDEF 14A2026-03-250001193125-26-122880CEO total compensation as printed in Regency Centers Corporation's own proxy. As printed: 11,092,432. Filing ↗machine: r7 · c23 · span 803410–803421
43Essex Property Trust, Inc., Section 10b CEO totalDEF 14A2026-03-270000920522-26-000011CEO total compensation as printed in Essex Property Trust, Inc.'s own proxy. As printed: 10,096,804. Filing ↗machine: r2 · c21 · span 1017592–1017602
44Healthpeak Properties, Inc., Section 10b CEO totalDEF 14A2026-03-120001104659-26-027086CEO total compensation as printed in Healthpeak Properties, Inc.'s own proxy. As printed: 10,072,994. Filing ↗machine: t197 · r7 · c18 · span 1414974–1414984
45UDR, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-020000074208-26-000037CEO total compensation as printed in UDR, Inc.'s own proxy. As printed: 9,933,438. Filing ↗machine: t322 · r11 · c18 · span 3007170–3007179
46Sun Communities, Inc., Section 10b CEO totalDEF 14A2026-03-300000912593-26-000141CEO total compensation as printed in Sun Communities, Inc.'s own proxy. As printed: 9,865,401. Filing ↗machine: span 1532781–1532790
47AvalonBay Communities Inc., Section 10b CEO totalDEF 14A2026-04-060001104659-26-039943CEO total compensation as printed in AvalonBay Communities Inc.'s own proxy. As printed: 9,663,500. Filing ↗machine: t263 · r9 · c18 · span 1661086–1661095
48CubeSmart, Section 10b CEO totalDEF 14A2026-04-030001104659-26-039457CEO total compensation as printed in CubeSmart's own proxy. As printed: 9,177,452. Filing ↗
49American Homes 4 Rent, Section 10b CEO totalDEF 14A2026-03-270001562401-26-000018CEO total compensation as printed in American Homes 4 Rent's own proxy. As printed: 7,535,178. Filing ↗machine: r2 · c8 · span 1506459–1506468
50Mid-America Apartment Communities, Inc., Section 10b CEO totalDEF 14A2026-04-060001140361-26-013212CEO total compensation as printed in Mid-America Apartment Communities, Inc.'s own proxy. As printed: 5,453,480. Filing ↗
51Camden Property Trust, Section 10b CEO totalDEF 14A2026-03-270001628280-26-021581CEO total compensation as printed in Camden Property Trust's own proxy. As printed: 5,151,175. Filing ↗machine: span 767748–767757
52Section 10a, CubeSmart reciprocityDEF 14A—0001104659-26-039457CubeSmart names UDR, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
53Section 10a, Essex Property Trust, Inc. reciprocityDEF 14A—0000920522-26-000011Essex Property Trust, Inc. names UDR, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
54Section 10a, Extra Space Storage reciprocityDEF 14A—0001289490-26-000027Extra Space Storage's most recent proxy was read; its disclosed peer group does not include UDR, Inc.. Filing ↗
55Section 10a, Invitation Homes Inc. reciprocityDEF 14A—0001193125-26-126310Invitation Homes Inc. names UDR, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
56Section 10a, Regency Centers Corporation reciprocityDEF 14A—0001193125-26-122880Regency Centers Corporation names UDR, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
57Section 10a, Sun Communities, Inc. reciprocityDEF 14A—0000912593-26-000141Sun Communities, Inc. names UDR, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
58Section 10a, Healthpeak Properties, Inc. reciprocityDEF 14A—0001104659-26-027086Healthpeak Properties, Inc. names UDR, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
59Section 10a, Camden Property Trust reciprocityDEF 14A—0000906345-25-000014Camden Property Trust names UDR, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
60Section 10a, American Homes 4 Rent reciprocityDEF 14A—0001562401-26-000018American Homes 4 Rent names UDR, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
61Section 10a, BXP, Inc. reciprocityDEF 14A—0001037540-26-000010BXP, Inc.'s most recent proxy was read; its disclosed peer group does not include UDR, Inc.. Filing ↗
62Section 10a, Equity Residential reciprocityDEF 14A—0001193125-26-155007Equity Residential names UDR, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗

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